Hoyer: Stimulus on Floor Wednesday
Updated: 9:51 a.m. The House will vote Wednesday on an $825 billion economic stimulus package, the final language of which will be made public on Friday, according to House Majority Leader Steny Hoyer (D-Md.). Tweaks were made to the bill this week in the Appropriations, Ways and Means, and Energy and Commerce committees, Hoyer said. Bill text from each of those panels will be released today to give Members time to review the legislation before Wednesdays vote. Democratic leaders are working swiftly to try to get an economic package to President Barack Obama before the Presidents Day recess, set to begin on Feb. 14. The package has met some resistance from Republicans, who argue the money wouldnt be dispensed quickly enough, that the overall package is too pricey, and that it wouldnt do enough to turn the economy around. Democrats have pushed back against the GOP complaints, however. I think from a Republican standpoint, this will probably be the largest tax cut they will get to vote for over the next 24 months, Hoyer said Thursday. They ought to grab it. The Senate will get to work on its version of the stimulus plan next week.